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Soonest Express

GTSM:2643
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2643
GTSM
NT$997M
Market Cap
  1. Home
  2. TW
  3. Transportation
Company description

Soonest Express Co., Ltd. provides integrated logistics solutions in Taiwan and internationally. The last earnings update was 10 days ago. More info.


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2643 Share Price and Events
7 Day Returns
-0.5%
GTSM:2643
2%
TW Logistics
1.2%
TW Market
1 Year Returns
26.2%
GTSM:2643
10.5%
TW Logistics
19.3%
TW Market
2643 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Soonest Express (2643) -0.5% 11.8% 14.8% 26.2% -16.6% 65.2%
TW Logistics 2% 6.1% 5.1% 10.5% 2.5% 1%
TW Market 1.2% 2.6% 9.2% 19.3% 25.1% 25.7%
1 Year Return vs Industry and Market
  • 2643 outperformed the Logistics industry which returned 10.5% over the past year.
  • 2643 outperformed the Market in Taiwan, Province of China which returned 19.3% over the past year.
Price Volatility
2643
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Soonest Express's competitors could be found in our database.

Value

 Is Soonest Express undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Soonest Express to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Soonest Express.

GTSM:2643 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.1%
Perpetual Growth Rate 10-Year TW Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for GTSM:2643
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TW Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Logistics Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.989 (1 + (1- 20%) (15.76%))
1.076
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.076 * 5.96%)
9.14%

Discounted Cash Flow Calculation for GTSM:2643 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Soonest Express is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

GTSM:2643 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TWD, Millions) Source Present Value
Discounted (@ 9.14%)
2020 200.77 Est @ 32.27% 183.95
2021 247.76 Est @ 23.41% 207.99
2022 290.39 Est @ 17.2% 223.36
2023 327.73 Est @ 12.86% 230.97
2024 359.92 Est @ 9.82% 232.41
2025 387.62 Est @ 7.69% 229.32
2026 411.67 Est @ 6.21% 223.15
2027 432.92 Est @ 5.16% 215.02
2028 452.11 Est @ 4.43% 205.74
2029 469.84 Est @ 3.92% 195.90
Present value of next 10 years cash flows NT$2,147.00
GTSM:2643 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= NT$469.84 × (1 + 2.73%) ÷ (9.14% – 2.73%)
NT$7,527.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NT$7,527.57 ÷ (1 + 9.14%)10
NT$3,138.58
GTSM:2643 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NT$2,147.00 + NT$3,138.58
NT$5,285.58
Equity Value per Share
(TWD)
= Total value / Shares Outstanding
= NT$5,285.58 / 26.23
NT$201.51
GTSM:2643 Discount to Share Price
Calculation Result
Value per share (TWD) From above. NT$201.51
Current discount Discount to share price of NT$38.00
= -1 x (NT$38.00 - NT$201.51) / NT$201.51
81.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Soonest Express is available for.
Intrinsic value
>50%
Share price is NT$38 vs Future cash flow value of NT$201.51
Current Discount Checks
For Soonest Express to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Soonest Express's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Soonest Express's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Soonest Express's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Soonest Express's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
GTSM:2643 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in TWD NT$3.76
GTSM:2643 Share Price ** GTSM (2019-11-22) in TWD NT$38
Taiwan, Province of China Logistics Industry PE Ratio Median Figure of 7 Publicly-Listed Logistics Companies 10.12x
Taiwan, Province of China Market PE Ratio Median Figure of 1,426 Publicly-Listed Companies 16.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Soonest Express.

GTSM:2643 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= GTSM:2643 Share Price ÷ EPS (both in TWD)

= 38 ÷ 3.76

10.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Soonest Express is good value based on earnings compared to the TW Logistics industry average.
  • Soonest Express is good value based on earnings compared to the Taiwan, Province of China market.
Price based on expected Growth
Does Soonest Express's expected growth come at a high price?
Raw Data
GTSM:2643 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Asia Logistics Industry PEG Ratio Median Figure of 38 Publicly-Listed Logistics Companies 1.21x
Taiwan, Province of China Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.06x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Soonest Express, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Soonest Express's assets?
Raw Data
GTSM:2643 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in TWD NT$25.27
GTSM:2643 Share Price * GTSM (2019-11-22) in TWD NT$38
Taiwan, Province of China Logistics Industry PB Ratio Median Figure of 7 Publicly-Listed Logistics Companies 1.5x
Taiwan, Province of China Market PB Ratio Median Figure of 1,939 Publicly-Listed Companies 1.44x
GTSM:2643 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= GTSM:2643 Share Price ÷ Book Value per Share (both in TWD)

= 38 ÷ 25.27

1.5x

* Primary Listing of Soonest Express.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Soonest Express is overvalued based on assets compared to the TW Logistics industry average.
X
Value checks
We assess Soonest Express's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Logistics industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Logistics industry average (and greater than 0)? (1 check)
  5. Soonest Express has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Soonest Express expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.8%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Soonest Express expected to grow at an attractive rate?
  • Unable to compare Soonest Express's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Soonest Express's earnings growth to the Taiwan, Province of China market average as no estimate data is available.
  • Soonest Express's revenue growth is positive but not above the Taiwan, Province of China market average.
Annual Growth Rates Comparison
Raw Data
GTSM:2643 Future Growth Rates Data Sources
Data Point Source Value (per year)
GTSM:2643 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 0.8%
Asia Logistics Industry Earnings Growth Rate Market Cap Weighted Average 16%
Asia Logistics Industry Revenue Growth Rate Market Cap Weighted Average 12.2%
Taiwan, Province of China Market Earnings Growth Rate Market Cap Weighted Average 13.7%
Taiwan, Province of China Market Revenue Growth Rate Market Cap Weighted Average 8.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
GTSM:2643 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in TWD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
GTSM:2643 Future Estimates Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 2,960 1
2019-12-31 2,819 1
GTSM:2643 Past Financials Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income *
2019-09-30 2,988 161 99
2019-06-30 2,778 120 80
2019-03-31 2,737 37 77
2018-12-31 2,723 73 74
2018-09-30 2,708 58 71
2018-06-30 2,687 24 66
2018-03-31 2,652 65 56
2017-12-31 2,662 44 57
2017-09-30 2,709 79 56
2017-06-30 2,730 93 83
2017-03-31 2,799 118 110
2016-12-31 2,835 167 134

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Soonest Express is high growth as no earnings estimate data is available.
  • Soonest Express's revenue is expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
GTSM:2643 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Soonest Express Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:2643 Future Estimates Data
Date (Data in TWD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
GTSM:2643 Past Financials Data
Date (Data in TWD Millions) EPS *
2019-09-30 3.76
2019-06-30 3.05
2019-03-31 2.93
2018-12-31 2.81
2018-09-30 2.70
2018-06-30 2.51
2018-03-31 2.12
2017-12-31 2.17
2017-09-30 2.15
2017-06-30 3.16
2017-03-31 4.18
2016-12-31 5.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Soonest Express will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Soonest Express's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Soonest Express has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Soonest Express performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Soonest Express's growth in the last year to its industry (Logistics).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Soonest Express's year on year earnings growth rate has been positive over the past 5 years.
  • Soonest Express's 1-year earnings growth exceeds its 5-year average (39.7% vs 2.6%)
  • Soonest Express's earnings growth has not exceeded the TW Logistics industry average in the past year (39.7% vs 51.7%).
Earnings and Revenue History
Soonest Express's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Soonest Express Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:2643 Past Revenue, Cash Flow and Net Income Data
Date (Data in TWD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2,988.36 98.78 203.30
2019-06-30 2,777.72 79.94 201.66
2019-03-31 2,737.00 76.90 196.51
2018-12-31 2,723.36 73.59 192.21
2018-09-30 2,708.18 70.73 187.44
2018-06-30 2,686.97 65.74 185.83
2018-03-31 2,651.79 55.70 189.36
2017-12-31 2,661.66 56.91 192.84
2017-09-30 2,708.52 56.36 198.28
2017-06-30 2,729.69 82.85 202.22
2017-03-31 2,798.71 109.60 202.15
2016-12-31 2,835.45 134.28 207.63
2016-09-30 2,888.14 140.62 211.71
2016-06-30 2,840.53 119.32 213.75
2016-03-31 2,785.48 111.85 211.83
2015-12-31 2,738.74 88.09 207.16
2015-09-30 2,570.68 69.86 201.23
2015-06-30 2,546.88 62.50 186.94
2015-03-31 2,466.46 46.54 190.09
2014-12-31 2,413.43 43.10 190.74
2014-09-30 2,349.46 49.16 192.58
2014-06-30 2,341.72 49.31 204.70
2014-03-31 2,339.89 38.81 214.52
2013-12-31 2,338.05 28.31 224.34
2012-12-31 2,802.40 56.80 221.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Soonest Express has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Soonest Express used its assets more efficiently than the TW Logistics industry average last year based on Return on Assets.
  • Soonest Express's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Soonest Express's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Logistics industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Soonest Express has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Soonest Express's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Soonest Express's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Soonest Express is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Soonest Express's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Soonest Express's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 16.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Soonest Express Company Filings, last reported 1 month ago.

GTSM:2643 Past Debt and Equity Data
Date (Data in TWD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 663.21 70.00 509.93
2019-06-30 627.46 50.00 417.20
2019-03-31 656.75 30.00 370.38
2018-12-31 639.33 31.00 370.38
2018-09-30 610.40 34.00 337.80
2018-06-30 588.72 64.00 406.21
2018-03-31 603.42 66.00 442.03
2017-12-31 602.19 64.22 394.76
2017-09-30 588.85 64.45 418.11
2017-06-30 573.42 6.68 394.22
2017-03-31 625.59 0.91 386.67
2016-12-31 645.27 1.21 379.25
2016-09-30 611.99 1.42 357.86
2016-06-30 582.97 1.70 380.65
2016-03-31 603.35 1.94 362.85
2015-12-31 456.60 61.24 229.89
2015-09-30 431.91 58.62 258.78
2015-06-30 387.01 68.49 242.51
2015-03-31 388.63 108.25 215.81
2014-12-31 388.63 108.25 215.81
2014-09-30
2014-06-30 365.33 150.14 221.49
2014-03-31 340.03 158.48 181.68
2013-12-31 340.03 158.48 181.68
2012-12-31 322.16 208.66 215.87
  • Soonest Express's level of debt (10.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (34.2% vs 10.6% today).
  • Debt is well covered by operating cash flow (229.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 23.6x coverage).
X
Financial health checks
We assess Soonest Express's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Soonest Express has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Soonest Express's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.26%
Current annual income from Soonest Express dividends.
If you bought NT$2,000 of Soonest Express shares you are expected to receive NT$105 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Soonest Express's pays a higher dividend yield than the bottom 25% of dividend payers in Taiwan, Province of China (2.58%).
  • Soonest Express's dividend is below the markets top 25% of dividend payers in Taiwan, Province of China (5.9%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
GTSM:2643 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Taiwan, Province of China Logistics Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4.1%
Taiwan, Province of China Market Average Dividend Yield Market Cap Weighted Average of 1325 Stocks 4.1%
Taiwan, Province of China Minimum Threshold Dividend Yield 10th Percentile 1.4%
Taiwan, Province of China Bottom 25% Dividend Yield 25th Percentile 2.6%
Taiwan, Province of China Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

GTSM:2643 Future Dividends Estimate Data
Date (Data in NT$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
GTSM:2643 Past Annualized Dividends Data
Date (Data in NT$) Dividend per share (annual) Avg. Yield (%)
2019-05-15 2.000 5.995
2019-03-29 2.000 6.319
2019-03-26 2.000 6.462
2018-03-30 2.000 6.515
2017-03-23 2.290 6.411
2016-03-30 2.000 4.726
2015-08-14 1.500 4.426
2015-05-05 1.500 6.228

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Soonest Express has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Soonest Express only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Soonest Express's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Soonest Express's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Soonest Express afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Soonest Express has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Soonest Express's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gangyin Sun
CEO Bio

Mr. Gangyin Sun serves as the President of Soonest Express Co Ltd. (Soonest Express, Inc.). Mr. Sun serves as a Director of Deyan Investment Co., Ltd. and Jiean Network Technology Co., Ltd. Mr. Sun Graduated from City University of New York.

CEO Compensation
  • Insufficient data for Gangyin to compare compensation growth.
  • Insufficient data for Gangyin to establish whether their remuneration is reasonable compared to companies of similar size in Taiwan, Province of China.
Management Team

Gangyin Sun

TITLE
President

Shi Han Huang

TITLE
Accounting Manager

Ziyi Lin

TITLE
Chief Auditor
Board of Directors Tenure

Average tenure of the Soonest Express board of directors in years:

4.3
Average Tenure
  • The tenure for the Soonest Express board of directors is about average.
Board of Directors

Cheng Ku

TITLE
Chairman

Steve Huang

TITLE
Independent Director

Andy Wang

TITLE
Independent Director

Sam Ku

TITLE
Director
TENURE
6.5 yrs

Dennis Chou

TITLE
Director
TENURE
6.5 yrs

Joey Lee

TITLE
Director

Amos Lin

TITLE
Director
TENURE
4.3 yrs

Tony Tsai

TITLE
Independent Director
TENURE
4.3 yrs

Kang Sun

TITLE
Director
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NT$) Value (NT$)
X
Management checks
We assess Soonest Express's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Soonest Express has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Soonest Express Co., Ltd. provides integrated logistics solutions in Taiwan and internationally. It offers air and ocean freight forwarding services; custom clearance services; transit/warehouse/transportation services; logistics management; international freight forwarding; and courier services. The company was founded in 1984 and is based in Taipei, Taiwan.

Details
Name: Soonest Express Co., Ltd.
2643
Exchange: GTSM
Founded: 1984
NT$996,740,000
26,230,000
Website: http://www.soonest.com
Address: Soonest Express Co., Ltd.
No. 34, Rui Guang Road,
4th Floor,
Taipei,
114,
Taiwan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
GTSM 2643 Common Stock Taipei Exchange TW TWD 26. Nov 2014
Number of employees
Current staff
Staff numbers
0
Soonest Express employees.
Industry
Air Freight and Logistics
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/22 15:34
End of day share price update: 2019/11/22 00:00
Last estimates confirmation: 2019/08/08
Last earnings filing: 2019/11/12
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.